Abate and switch: steel seeks low carbon solutions - Federated Hermes

Hard-to-abate sectors such as steel will come under increasing pressure to reduce their carbon emissions – what are the industry’s options?

Only members with restricted access (ie. academics, asset owners, government and regulatory, independent advisers/trustees and sponsoring employers) can view this article. Please login or join to view.

... Steel goods will play a vital role in the transition to a low-carbon world, but the production process itself is notoriously carbon and energy intensive. Given the urgent need to align all sectors with the goals of the Paris Agreement to keep global temperature increases within safe limits, maintaining a business-as-usual stance presents a number of risks for steel producers and their investors.

Learn more here